2295 NE Conser St., Corvallis, OR 97330
Waiting List Forecast: Likely Short or None
Verified for 2023 by Lorena Bentley, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $583 per Month† | 1 Bed | 1 Bath | 481 Sq Ft |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
This brand new community will consist of 12 units made up of 1 bedroom flats and 2 bedroom townhomes. Call today for more information or to get on the wait list for this property!
Seavey Meadows first phase, built in 2012, is a beautiful, 26-unit apartment complex located in northeast Corvallis that provides affordable housing to qualified households earning 50% or below the area median income (AMI) in Benton County. This property is surrounded by permanently protected green space, and is located on a free public transportation bus route near Cheldelin School and sports park, local shopping and the Samaritan Health Medical Complex.
This property has a limited number of apartment units set aside as a preference given to applicants who both income qualify and are survivors of Domestic Violence. Please contact property management for questions regarding the verification process.
In 2017 WNHS built phase 2 of Seavey Meadows, an additional 13 units located across the street with an entrance off NE Conser Street.
This property has a limited number of apartments set aside as a preference given to applicants who both income qualify and are Veterans of the US Armed Forces. Please contact property management for questions regarding the verification process.
Because Seavey Meadows lll participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | 481ft2 | $583† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $20,650 / year | $23,600 / year | $26,550 / year | $30,000 / year | $35,140 / year | $40,280 / year | $45,420 / year | $50,560 / year |
| 50% AMI for LIHTC Units | $34,400 / year | $39,300 / year | $44,200 / year | $49,100 / year | $53,050 / year | $57,000 / year | $60,900 / year | $64,850 / year |
| 50% AMI for PBRA Units | $34,400 / year | $39,300 / year | $44,200 / year | $49,100 / year | $53,050 / year | $57,000 / year | $60,900 / year | $64,850 / year |
| 60% AMI for LIHTC Units | $41,280 / year | $47,160 / year | $53,040 / year | $58,920 / year | $63,660 / year | $68,400 / year | $73,080 / year | $77,820 / year |
| 80% AMI for PBRA Units | $55,000 / year | $62,850 / year | $70,700 / year | $78,550 / year | $84,850 / year | $91,150 / year | $97,450 / year | $103,700 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Seavey Meadows lll have a waiting list?
Seavey Meadows lll probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Seavey Meadows lll?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
What property management company manges Seavey Meadows lll?
Seavey Meadows lll is managed by Cascade Management, Inc headquartered in Portland, Oregon.
In addition to Seavey Meadows lll, how many other affordable housing properties (and units) are there in Corvallis?
In addition to Seavey Meadows lll, we list 13 other affordable properties in Corvallis. Learn about these properties here. Our data research shows that there are a total of 503 affordable units in Corvallis.
When was the Seavey Meadows lll listing last updated?
Seavey Meadows lll listing on Affordable Housing Online was last updated on 01/02/2023 by Lorena Bentley. Remember, a property's status can change so you should contact the property to confirm.
Always check the program's income limit.
Most federal housing programs serve renters earning 80% or less of the Area Median Income (AMI), or less.Selina Irene says:
"I know of no other website that keeps me better informed. Keep up the good work, Affordable Housing Online!"